Politics All about US-China Trade War

[Buster23]

The trade war is forcing China to ‘rethink economic ties’ to the US

KEY POINTS

• “Donald Trump’s trade war and Huawei ban push China to rethink economic ties with US,” says the South China Morning Post, citing Chinese researchers.
• “The idea that China should buy large amounts of natural gas from the U.S. must be revisited,” says Wang Yongzhong, a senior fellow at the Chinese Academy of Social Sciences, a governmental think tank.
• China is threatening to stop funding an industry that the two countries have done sizable deals in. In 2017, China agreed to fund a natural gas project in Alaska worth US$43 billion, the South China Morning Post said.

China is exploring more drastic action as a result of its trade fight with the U.S., according to the South China Morning Post.

While China is open to resuming trade talks, “government advisers are now highlighting the risk of sourcing critical supplies from an increasingly hostile US...and are exploring ways for the country to cut its exposure to the US,” the paper said, citing Chinese researchers. The article was titled, “Donald Trump’s trade war and Huawei ban push China to rethink economic ties with US.”

The trade war is forcing China to 'rethink economic ties' to the US

China is considering cutting natural gas purchases from the U.S. in its tit-for-tat strategy on trade, according to the South China Morning Post.

www.cnbc.com

 

[Chazman]

Bannon says killing Huawei more important than trade deal with China

Trump’s former strategist says he won’t stop there, with plans to exclude all Chinese companies from capital markets.

www.politico.com

 

[Junglejim]

This is gonna have a seious impact on Americas allies as I doubt the US will stop this Trade War on its borders. We can see them trying to influence other on Huawei. Wonder whats the long term impact with Australia, a nation on the Us agenda side while at the same time so economically tied to China?

 

[Buster23]

Europe still defies Trump (US) on Huawei ban...

EU leaders: We won't follow US Huawei ban – DW – 05/16/2019

Germany, France and the Netherlands have said they will not block Huawei from participating in the expansion of national 5G networks. The US fears that China could use Huawei equipment for spying.

www.dw.com

 

[Jake84]

The prediction many military strategists from both countries made a number of years ago turned out to be true: the US and China are at war. An economic one for now but tensions in the region with China undoubtedly being a pain in the bøllocks for its neighbors doesn’t help.

 

[Junglejim]

The pain in the Bo*****S that China generates is relative. To put it mildly so far no serious territory has been lost and ASEAn and China are so for are benefitting from each other. It isnt actually as bad as the US media thinks on what is happening here.

 

[berkut76]

Europe still defies Trump (US) on Huawei ban...

EU leaders: We won't follow US Huawei ban – DW – 05/16/2019

Germany, France and the Netherlands have said they will not block Huawei from participating in the expansion of national 5G networks. The US fears that China could use Huawei equipment for spying.

www.dw.com

Doesn't matter. I actually own a Huawei, if Google will cut Huawei access to Android updates and App Store in 90 days, the device will be as useful as a door stop.

 

[AAR Galileo]

Google will not cut anything for those who already own a Huawei.

Trump think he can shutdown Huawei like he did with ZTE, it will not work.

Where did almost all the phone batteries comes from? It's time to find new suppliers because well you known "a tit for a tat".

 

[primer]

EU is currently incentivizing their own battery production.... Hey they may even start to keep their own patents, their own.

Reports that ozone destroying CFCs that were banned decades ago are leaking out of China.

US bans Chinese surveillance company.

 

[primer]

US Patent and Trademark office, seminar on protecting your IP in China May 27.

"Businesses, individuals, and attorneys looking to hear about strategies for better protecting intellectual property in China should plan to attend the China IP Road Show being conducted by the USPTO in Los Angeles, California, on Friday, June 7.


Several sessions of the all-day program will focus on the protection and enforcement of trademarks.


Opening remarks will be given by Under Secretary of Commerce for Intellectual Property and Director of the USPTO Andrei Iancu."

 

[AAR Galileo]

The short memory of the americans. What did they learn in history course?

When the US Was a Trade Secret Thief

The United States accuses China of the very sort of illicit practices that helped it leapfrog European rivals two centuries ago and emerge as an industrial giant.

www.designdevelopmenttoday.com

 

[Buster23]

China’s ‘nuclear option’ in Trump’s trade war, explained

China is currently the largest holder of U.S. government debt. It now owns $1.12 trillion in U.S. Treasury bonds.

If China decided to sell off its U.S. government debt holdings as a form of retaliation in the ongoing trade war with the U.S. and President Donald Trump, it could upend global financial markets and drive U.S. interest rates higher.

That’s a measure some have started calling China’s “nuclear option.”

China, however, has several reasons why it might not weaponize its bond holdings anytime soon.

China's 'nuclear option' in Trump's trade war, explained

China has one big weapon in the ongoing trade war with the United States — selling off its massive holdings of U.S government debt. Here's why the so-called nuclear option could hurt China as much as the United States.

www.cnbc.com

 

[Buster23]

Who’s Winning the Trade War? Here’s a Look at the Scoreboard

Who is Winning the U.S.-China Trade War?

Ultimately, consumers are the ones bearing the brunt of tariffs.

www.bloomberg.com

 

[Chazman]

China’s ‘nuclear option’ in Trump’s trade war, explained

China is currently the largest holder of U.S. government debt. It now owns $1.12 trillion in U.S. Treasury bonds.

If China decided to sell off its U.S. government debt holdings as a form of retaliation in the ongoing trade war with the U.S. and President Donald Trump, it could upend global financial markets and drive U.S. interest rates higher.

That’s a measure some have started calling China’s “nuclear option.”

China, however, has several reasons why it might not weaponize its bond holdings anytime soon.

China's 'nuclear option' in Trump's trade war, explained

China has one big weapon in the ongoing trade war with the United States — selling off its massive holdings of U.S government debt. Here's why the so-called nuclear option could hurt China as much as the United States.

www.cnbc.com

Owning US securities help stabilize the house of cards Chicom economy. It's a double edged sword for them.

 

[Buster23]

Owning US securities help stabilize the house of cards Chicom economy. It's a double edged sword for them.

I agree, it would be a really bad bad idea for China to use that option. But I suspect China will go to the political route to undermine the Trump administration or get rid of Trump and his cohorts altogether by supporting the liberals/democrat opposition this coming 2020 US presidential elections, or fuel more fire between conservatives and liberals to the point of socio-political paralysis thus preventing US from projecting its power externally and then destroying it from within.

Reminds me of Sid Meier's Civilization V computer game

 

[Chazman]

Trump is their nightmare. Biden is already kissing their ass.

 

[primer]

One thing about this trade war is the dems are actually backing to the point of throwing more fuel on it.
Also the tariffs are supported by signed WTO US trade rules.

Its odd though till Trump, Hillary was all about signing the Trans Pacific Partnership. There is no doubt Trump made them do a complete U Turn on how they deal with China.

 

[TIZER]

China’s ‘nuclear option’ in Trump’s trade war, explained

China is currently the largest holder of U.S. government debt. It now owns $1.12 trillion in U.S. Treasury bonds.

If China decided to sell off its U.S. government debt holdings as a form of retaliation in the ongoing trade war with the U.S. and President Donald Trump, it could upend global financial markets and drive U.S. interest rates higher.

That’s a measure some have started calling China’s “nuclear option.”

China, however, has several reasons why it might not weaponize its bond holdings anytime soon.

China's 'nuclear option' in Trump's trade war, explained

China has one big weapon in the ongoing trade war with the United States — selling off its massive holdings of U.S government debt. Here's why the so-called nuclear option could hurt China as much as the United States.

www.cnbc.com

China also has just over $3 Trillion in US dollars in it's currency stock dump both the debt bonds and the dollars on the open market will cause not only higher interest rates for the US but also cause the markets to flood with excess dollars causing the dollar to crash ... this is the real nuclear option

 

[TIZER]

China has already switched suppliers for US soya beans and US LNG ... Australia is replacing the US on LNG and south America in Soya Beans and other states

 

[Chazman]

China also has just over $3 Trillion in US dollars in it's currency stock dump both the debt bonds and the dollars on the open market will cause not only higher interest rates for the US but also cause the markets to flood with excess dollars causing the dollar to crash ... this is the real nuclear option

That nuclear option requires China to sit on the nuke when they press the red button. They are cheaters, but not suicidal.